Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
British Pound/Turkish Lira (FOREX:GBPTRY)
Crossroads (+60) - GBPTRY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GBPTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPTRY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPTRY
The long-term trend has been DOWN since Jan 6th, 2021 at 9.882306
The intermediate-term trend has been UP since Feb 23rd, 2021 at 10.054988
The short-term trend has been UP since Feb 17th, 2021 at 9.782400
Smart Scan Analysis for GBPTRY
Based on our trend formula, GBPTRY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).